IQ Is a Moderately Good Predictor of School Achievement, but ____

question 121

Multiple Choice

IQ is a moderately good predictor of school achievement, but ____ is/are an even better predictor.

• A)achievement motivation
• B)cognitive style
• C)SAT score
• D)previously earned grades

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Definitions:

Profit-maximizing

The process by which a firm determines the price and output level that returns the maximum profit.

Labor

Labor is the effort that people contribute to the production of goods and services, measured in terms of time worked, skill level, and productivity.

Nominal Wages

Wages expressed in current dollars, without adjustment for inflation or changes in the cost of living.

Price Level

A collective average of prices for goods and services across the board in the economy.